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The $759 million Texas Trust Credit Union in Mansfield and the $57 million Security One Federal Credit Union in Arlington plan to merge, creating the 18th largest credit union in the Lone Star state with over $815 million in assets and more than 65,000 members.

The credit unions announced Wednesday they have signed an intent to merge agreement with the Texas Credit Union Department and the National Credit Union Association. Once the merger is approved by regulators and by members of Security One, the former autoworkers turned community credit union will merge into Texas Trust CU.

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Peter Strozniak


Credit Union Times

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